Rolling pasturesMassive high-visibility road frontageIconic artisan wellSpectacular park-like pasture settingFamous artisan wellExceptionally rare gentle topographyPrivate lake
Shatley Springs Estate: 68 Pristine Acres, Iconic Multi-Border Name & Famous Artisan Well For over a century, Shatley Springs has been a household name, deeply recognized from the Eastern United States all the way into Canada. Established in 1920, this legendary property is still standing strong, radiating the charm and personality that has captivated millions of visitors for generations. Now, this iconic 68-acre estate is being offered not merely as a restaurant business, but as a pristine, blank-canvas investment opportunity that will make developers and commercial investors completely rewrite their playbooks. Boasting a spectacular, park-like pasture setting with exceptionally rare, gentle topography, the land lays beautifully and is incredibly easy to develop. It features massive, high-visibility road frontage, including an impressive 2,950 feet on US Hwy 16 N, 2,700 feet on Shatley Springs Rd, and over 850 feet on Shelter Baptist Church Rd.The crown jewel of this acquisition is the unparalleled brand equity. The sale includes the famous "Shatley Springs" name, the existing website, and a massive, built-in social media footprint of over 40,000 highly active Facebook followers for instant marketing leverage. You also gain full ownership of the legendary, mineral-rich artisan well. Nestled behind the restaurant, a serene lake and tranquil pond create a picturesque waterfront anchor for any future project.The estate is fully equipped with valuable, revenue-generating structures including the historic restaurant building (featuring extensive updates made in 2022 and 2023), seven cozy rental cabins, five additional quaint cabins perfect for conversion into boutique gift shops or ice cream parlors, and two well-appointed one-bedroom homes ready for immediate rental income. The development potential here is staggering, limited only by your imagination: Luxury Class A3 Motorcoach Resort: Transform the rolling pastures into a premier, high-end RV and motorcoach destination, converting the historic restaurant structure into an exclusive, rustic clubhouse and utilizing the lakefront cabins as luxury guest amenities. High-Density Housing & Mountain Estates: Utilize the exceptional multi-road access, gentle slopes, and existing housing assets to build a highly sought-after residential community in a booming mountain market.Adventure Campground & Ecoculture Destination: Keep the beloved restaurant as a built-in regional anchor while expanding the pristine 68 acres into a luxury glamping resort, complete with hiking trails utilizing the famous artisan spring as a central feature. Premier Destination Wedding Venue or Winery: Use the stunning lake backdrop, historic charm, existing cabins for guest lodging, and the massive 40,000+ digital following to launch an instant, fully booked event destination. Opportunities to acquire 68 acres of gentle, road-front mountain land are rare. Acquiring one with an established cross-border brand, a turnkey digital audience, a private lake, and an iconic artisan well is a once-in-a-lifetime investment. Secure this legendary legacy today!
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Zillow last checked:
Listing updated:
Listed by:
Beverly Black(336)846-4008,
Ashe County Realty
Source: High Country AOR,MLS#: 262435Originating MLS: High Country Association of Realtors Inc.
Facts & features
Property
Features
Exterior features: Out Building(s)
Has view: Yes
View description: Mountain(s), Pasture
Waterfront features: Pond
Lot
Size: 68.25 Acres
Features: Acreage, Level, Rolling Slope
Topography: Level,Pasture,Rolling
Residential vegetation: Partially Wooded
Details
Additional structures: Gazebo, Outbuilding
Parcel number: 182090309408
Horse amenities: Horses Allowed
Utilities & green energy
Sewer: Private Sewer, Septic Tank
Water: Private, Spring, Well
Utilities for property: Electricity Available, High Speed Internet Available, Septic Available
Community & HOA
Community
Features: Long Term Rental Allowed, Short Term Rental Allowed
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.